Member Info for Mancs99

Putting my hands up here Ginge, as I'm not sure what that jargon means. Are you saying you think there's a good chance tests on Covid -19 may produce similar result ?

The official report is still to come out regarding the coronavirus in cows and they've already stated that there shouldn't be much difference, if any at all from the preliminary results. So when that is finally announced, then that itself should bolster things here if the results are similar.
If they went on and got a result against Covid-19 then God knows what would happen to the share price then. Difficult not to get too excited about that, but there has to be some sort of realism and that's there's going to be I'm sure a significant difference when dealing with the ability to kill both viruses on plastic surfaces.
The potential though is tinglingly tangible !

Be nice to see sells far out weighing buys and the share price holding or moving up, always a good sign that ii's may be starting to accumulate and larger orders are being filed. They'll have been evaluating this since last week's news for sure, here's hoping they think this has got real legs.

Well it's been an exciting week hasn't it, but I'm sure there's quite a few old timers in SYM that are just sat back quietly watching. Like the institutional investors they know there's been a few false dawns here with the price climbing quickly but then falling back.
The old timers of course are already invested unlike many of the ii's who will be busy researching what this weeks news really means and the potential and revenue it could generate.
If they conclude the future is potentially significant it would only take a couple of them to make a move and this could rocket. On the other hand if no-one moves this could settle back down to low 20's / high teens until further news emerges.
It's why we buy into these companies though isn't it, potential. As a holder myself I'd be looking for Michael and his team to be testing d2p on the human coronavirus, which I'm sure they're desperately trying to set up, as time is the essence, with, I'm sure other companies looking into this. If they got a result with that then SYM would take off.
Michael also comes across well in interviews, which is very reassuring. His responses are measured and yet positive which for me at least illustrates they're still pushing forward on many fronts.
I did lower my average this week by selling 20% simply because over my years trading I've learnt to take a little off the table when the goings good and reduce my exposure a little.
I wish you all well my fellow SYM 'er's and hope the company ends up bearing plenty of fruit.

I sold 20% of my hold at 31, which represents half my original stake. Takes my average down 6p. Always learnt to take a little off the table when the goings good. Money back in the bank and better protection against loss.

Lol...where do they come from.

Successful tests linked to Bovine Coronavirus. 99.8% kill in 24hrs.

Few decent buys all coming close together later in the afternoon session. Mmmmh be interesting to see what Thursday/Friday brings. Good luck to all invested.

I look at the fundamentals here and despite the profit warning and the carnage that's going on in the market at the moment I find it unfathomable why this shares value sits as low as it does ?
If people are going to spend more time at home over the coming months surely that will result in more DIY projects. Perhaps I'm missing something !

Oh so close to breaking that trend John...just another 0.5 p...here's hoping tomorrow brings another blue day.

Yeah all good thanks John, hope 2020 started well for you and yours.
Be great to finish above that 79p mark.

Yeah it's up and down today John. Nice to see a few 80p buys being placed, so it's on the move north again.

https://www.valuethemarkets.com/2020/01/23/the-shifting-shares-view-when-will-the-market-let-skinny-tan-maker-innovaderma-come-in-from-the-cold-idp/

If it breaks and finishes above 79p it will break a 10 month trend. Interesting times !

Well it's 78p finish on here John and it's ticked up to 78p on the London Stock Exchange site too. Let's hope it holds in the morning and another blue day.

Thanks for the research and feedback Shandy, much appreciated.

Two more trades today around lunchtime totalling nearly 100K. Seems someone is happy mopping up the shorts over 74p

Think we'll still see shorting here until we get another positive RNS, so movement both ways. But it's very encouraging to see a few healthy days over the past week or so. Another positive RNS backed up by figures should see us form a new base camp and help break the trend we've seen for the last 10months.
Good luck to all holders.

Yeah certainly encouraging. Be interesting to see what happens over the next few days and weeks. If this continues north and breaks 80p then that would see a break of that downward trend we've seen for the past 10 months.
Not easy to call though as we're not privy to the inner workings and deals being done. Although I noticed you called the last significant drop the day before it happened. Good call, hope you benefited from it.
More progress north and we could get another favourable RNS, let's hope.

Someone's confident !